Quarterly numbers from St James's Place PLC included no big news on the surge in customer complaints about overcharging it had been seeing.
The UK's largest wealth manager said it is "making good progress" with its business review and continues to "move forward" with what it admitted are significant programmes of work to review historic client servicing records and to implement the new charging structure announced in October.
The financial guidance associated with each of these remains unchanged, it said, having made a £426 million provision in its 2023 results that wiped out annual profits.
Client funds under management (FUM) increased to £179 billion in the quarter to March 31 from £168.2 billion at the end of December and £153.6 billion this time last year.
This was primarily driven by strong investment returns, with net inflows of £0.71 billion down from £0.77 billion in Q4 last and £2 billion in Q1.
Chief executive Mark FitzPatrick said outflows "remain at an elevated level, continuing a trend we have seen across our industry, as clients continue to draw upon their savings to meet continued financial needs".